3122 W 30th Street, Cleveland, OH 44109
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: tera somogyi, morgan mcclain
Office: keller williams living
MLS#:5215397
Source:OH_NORMLS
Price summary
- Price:$315,000
- Price per sq. ft.:$102.31
About this home
Fully occupied and cash flowing, this well-maintained multi-family investment opportunity in Cleveland's Clark Fulton neighborhood offers immediate income with strong long-term upside. Currently generating $3,600 per month in gross rental income, this versatile property features three occupied units with a proven rental history and stable tenant base. The front lower unit offers 3 bedrooms and 1 full bathroom and is leased for $1,000 per month. The upper unit features 1 bedroom and 1 bathroom and is leased through CMHA for $1,100 per month, providing reliable, subsidized rental income. The detached rear house is currently rented for $1,500 per month, creating an attractive and diversified income stream. Major mechanical updates have already been completed, including the furnace, air conditioning system, and hot water tank, all approximately five years old. Additional improvements include newer appliances, helping minimize future maintenance expenses and enhancing tenant appeal. Located in one of Cleveland's strongest rental corridors, this property benefits from convenient access to Downtown Cleveland, MetroHealth Medical Center, major highways, public transportation, shopping, dining, and neighborhood amenities. The functional unit mix appeals to a broad tenant pool, while the detached rear home offers a unique feature not commonly found in traditional multi-family properties. Whether you're looking to expand your portfolio, complete a 1031 exchange, or acquire a turnkey income-producing asset, this property delivers immediate cash flow, stable occupancy, and excellent investment potential. With all units occupied and producing income from day one, this is a rare opportunity to acquire a performing asset in a high-demand rental market....
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Home facts
- Year built:1910
- Listing ID #:5215397
- Added:3 day(s) ago
- Updated:June 07, 2026 at 02:18 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:16
- Basement:Yes
- Basement Description:Full
- Living area:3,079 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1910
- Building area:3,079 sq. ft.
- Lot area:0.14 Acres
- Construction Materials:Aluminium Siding, Vinyl Siding
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$315,000
- Price per sq. ft.:$102.31
- Tax amount:$6,081 (2025)
Parking
- Parking description:Driveway
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